The price of turmeric plummeted by 4.64% to reach 16,138 on the heels of reports of heightened seeding activity. Fair pricing encourages farmers, which is expected to cause a boom in turmeric growth throughout the main producing states. Turmeric planting is expected to increase by 30–35% in Maharashtra, Telangana, and Andhra Pradesh, although it is…
Due to a spike in supply signaling the end of the harvesting season, turmeric prices fell 2.1% Wednesday, closing at 17,236 rupees. Farmers withheld stocks in expectation of additional price hikes, therefore the negative effects were mitigated. The country is experiencing a heatwave that might harm crop output, worsening the shortage and increasing prices. According…
Due to a surge in supply signaling the end of the harvesting season, turmeric prices saw a notable 4.25% decrease Wednesday, closing at 17872. The negative was, however, minimal since farmers held onto their stocks in anticipation of additional price increases. A threat to agricultural production is posed by the current hot wave in India,…
The anticipated fresh entrants from the Marathwada region of Maharashtra are the main reason behind yesterday’s –0.87 % decrease in turmeric prices, which closed at 19,386. Due to below-average supply and strong festive demand, the negative effects were, nevertheless, minimal. Major fresh crop arrivals were reported in several regions, including Nanded, Nizamabad, and Erode, in…
Turmeric prices fell by 1.73% yesterday, settling at 17062. The drop was caused by predictions of new arrivals from the Marathwada region in Maharashtra, but this was mitigated by below-average supply and strong festive demand. Although there were more arrivals in Nizamabad and Erode this week than the week before, it is anticipated that turmeric…
Due to profit booking, turmeric prices saw a minor decrease of -0.6% yesterday, ending a period of upward bias driven by below-normal supply and strong festive demand. Yesterday’s closing price was 17544. The slower arrival pace than the previous year is indicative of lesser production, which may encourage stockists to purchase turmeric at every price…
The previous session saw a notable spike in turmeric prices of 3.74%, culminating at 19370, due to below-average supplies and strong festive demand. Decreased output has had a noticeable effect, as evidenced by slower arrival rates than the year before. Given that there are already 9050 tonnes of turmeric arriving in key APMC markets in…
As a result of lower supply on the spot market, the price of turmeric increased by 4.03% to settle at 18,086, up. But buying activity has halted ahead of the start of fresh crops, maybe due to stock releases, suggesting that the gain is restricted. In the short run, more optimistic market emotions for turmeric…
Motivated by dwindling supply in the spot market, turmeric prices spiked by 2.38% during yesterday’s trading session, ultimately finishing at 15666. Sluggish purchasing activity on expectations of stock releases ahead of the new harvest season, however, limited the rise. In the near future, it is anticipated that tighter ending stockpiles and the expectation of a…
